it's a hard one to get fair value on. 4 more cents and the oppies are in the money and we have nearly 2 years time premium.
I would think the oppies will settle at around a 12c time premium so when heads are say 30c oppies will be 18c and they should track cent for cent from 25c on (assuming upward climb in share price of course) I haven't seen how many are held by top 20 but judging by liquidity or lack there of I would suggest a fair few.
11c is probably a tad high but if heads go up another 1 or 2 I think you will get taken out
it's a hard one to get fair value on. 4 more cents and the...
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